Searching For Extreme Price, Minimal Risk

Circa, 1910

Over a century ago the father of technical analysis, Richard D. Wyckoff identified market truth: The decisions of every brokerage firm, each individual speculator, manipulator, every accounting firm (and now every central bank) is printed on the tape.

Proper reading and deciphering of the ‘tape’, which today is represented by time and sales, price-bar and volume, is the key to market success.